JSC CHELYABINSK ZINC PLANT: Q1 2013 Production Results

NEWS RELEASE                                   
                                     For Immediate Release - April 29, 2013 


      Chelyabinsk Zinc Plant Announces 5% Production Increase in Q1 2013       

Chelyabinsk, Russia - April 29, 2013 - Chelyabinsk Zinc Plant (LSE, MICEX:
CHZN), Russia's largest producer of zinc and zinc alloys, is pleased to
announce its production results for the three months, ended March 31, 2013.

Chelyabinsk Zinc Plant (CZP) produced 41,878 tonnes of salable SHG zinc and
zinc based alloys in Q1 2013, an increase of 5% as compared to Q1 2012 (39,944
tonnes). 75.6% of metal was supplied to the domestic market (Q1 2012: 61.4%).

CZP's affiliated company, Nova Zinc LLC, operator of Akzhal zinc and lead ore
mine in Kazakhstan, produced 7,003 tonnes of zinc in zinc concentrate in Q1
2013, 16% less than in Q1 2012 (8,354 tonnes). Lead in lead concentrate
production decreased by 35% to 1,004 tonnes (vs. 1,554 tonnes in Q1 2012).
Decrease of production is temporary. It was due to planned reduction of ore
mined for the priority of the stripping activities.

CZP's subsidiary, The Brock Metal Company Limited (the leading UK supplier of
zinc die-casting alloys) sold 6,044 tonnes of zinc alloys in Q1 2013, a
decrease by 22% as compared to Q1 2012 (7,735 tonnes).

About Chelyabinsk Zinc Plant

Chelyabinsk Zinc Plant is the leading Russian zinc and zinc alloys producer. In
2012 the plant produced 160,002 tonnes of salable SHG zinc.

According to consolidated IFRS accounts, revenue in 2012 was RUB 13,077 mln and
EBITDA was RUB 1,499 mln.

Ordinary shares of CZP are traded on the MICEX-RTS exchange under ticker CHZN
and Global Depository Receipts (GDR) are traded on the London Stock Exchange
under ticker CHZN.
                                                   Investor and Media Contacts:
                                             Natalya Vasilieva, PR, ngv@zinc.ru
                                                        Tel: +7 (351) 799-01-52
                                              Evgeny Ponomarev, IR, eyp@zinc.ru
                                                        Tel: +7 (963) 998-55-58



END

-0- Apr/29/2013 06:00 GMT


 
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